(Via City of Chandler)
By Jason W. Brooks | YourValley
CHANDLER — A major development project in Downtown Chandler finally has taken a significant step forward.
Site 7 is the working title of a multiuse redevelopment project of property along Washington Street, from Buffalo Street north toward Chandler Boulevard.
At an Oct. 24 work session, John Owens, a downtown redevelopment specialist, detailed an agreement that will allow for new construction of a seven-story building that would bring a purpose for a long-discussed strip of land on the edge of downtown Chandler.
Council approved the ordinance three days later during its Oct. 27 meeting.
Using the term “nearly whole-block development,” Owens described how an initial Jackson Dearborn Partners plan blossomed into a larger, multiuse project that will involve the sale of about 1.7 acres.
Jackson Dearborn Partners, doing business as One Chandler Owner LLC, already owns land along Chandler Boulevard and will buy the 1.7 acres adjacent to the southeast, along Washington Street, and the city’s parking area along Buffalo Street for $2.94 million.
Owens outlined the ordinance in the work session. He mainly addressed how many more East Valley businesses and residents can be served than in Jackson Dearborn’s original plan.